We look at currencies across products issued in Asia in 2025 based on SRP data.

US dollar-denominated structured products accounted for 47% of estimated sales volume in Asia ex-China in 2025, SRP data shows – rising from 45% in 2024 and 38% in 2023.  The market share gain was supported by over 100,000 structured product issuances last year, about half of which came from Taiwan. Asia ex-China: product currency’s market share by estimated sales volumes Source: SRP Taiwan Taiwan’s USD-denominated structured note issues accounted for 89% of the tota